Tax Reform Proposal

On February 4, 2013, Gahanna City Council voted to place an issue on the May 7 ballot; the proposal is to change the income tax rate in Gahanna from 1.5 percent to 2.5 percent, Issue 4. Concurrently, City Council will vote on changing the credit given for taxes paid to other cities from 83.3 percent to 100 percent on May 6. 

The legislation to change the City of Gahanna income tax credit was introduced on January 22, 2013. The City’s current Charter requires that City Council holds three public hearings on changing the credit, then wait 60 days until the vote, which is why the vote won't take place until May 6.  On March 18, a majority of City Council members passed a resolution affirming their intent to change the credit to 100 percent by passing the ordinance on May 6.  The credit change would only take effect if the voters pass the tax rate change on May 7. Both changes, the rate and credit, must happen in order to the tax reform to be effective for the City of Gahanna.

If approved, this tax reform would generate approximately $8 million in revenue annually.  This money would allow for the City to sustain current service levels, increase street maintenance and invest in the community by implementing the five year capital improvement plan.  
This web page was created to house all information related to the income tax reform.  If you have any questions, comments or concerns, please contact Brandi Braun at brandi.braun@gahanna.gov or 342.4045.  You may also email the mayor at mayor@gahanna.gov or City Council members at council@gahanna.gov.
Franklin County Income Tax Rates


Tax Reform Proposal Presentation
View the presentation that was given to City Council on Monday, January 14, 2013, here.
F.A.Q.
Documents
Five-Year Forecast
Five-Year Capital Needs Assessment
2013 Appropriations
Strategic Plan Summary
Your Money At Work
Resident Survey (Summary)
Resident Survey (Full)
All City Financial Publications
Calendar
(Note: All meetings are public)
January 28
Proposal Discussion at City Council Committee Meeting
January 30
City of Gahanna State of the City Address
February 4
Resolution to place tax reform on Ballot Voted Upon
Public Hearing
February 19
Public Hearing
March 4
Public Hearing
May 7
Election Day
Your Money At Work Your Money At Work
The City of Gahanna is committed to keeping communication lines open with residents. In our continuing efforts to provide timely and factual information, we have created this guide to help you understand how the City’s finances are structured.
City Expects $1 Million in Savings From Sale of Bonds
The City of Gahanna has refinanced bonds from 2005, the total cash savings throughout the life of the bonds will be $1.06 million.  From 2014 to 2030, the City will see an average annual cash savings of $58,000 to $62,000.  
Street Paving 25-Year Outlook Street Paving 25-Year Outlook
The City of Gahanna Service Department has completed its annual evaluation of the pavement condition of city streets.  Based on this assessment a 25-year outlook for street paving was generated.